Boot Barn Holdings Raises FY2026 GAAP EPS Guidance from $6.75-$7.15 to $7.25-$7.35 vs $7.22 Est; Raises FY2026 Sales Guidance from $2.197B-$2.235B to $2.240B-$2.250B vs $2.238B Est

Fiscal Year 2026 Outlook

The Company is providing updated guidance for the fiscal year ending March 28, 2026, which supersedes in its entirety the previous guidance issued in its second quarter earnings report on October 29, 2025. For the fiscal year ending March 28, 2026, the Company now expects:

• To open 70 new stores.
• Total sales of $2.24 billion to $2.25 billion, representing growth of 17% to 18% over fiscal year 2025.
• Consolidated same store sales growth of 6.5% to 7.0%, with retail store same store sales growth of 5.5% to 6.0% and e-commerce same store sales growth of 14.5% to 15.0%.
• Merchandise margin between $1.138 billion and $1.144 billion, or approximately 50.8% of sales.
• Gross profit between $850 million and $855 million, or approximately 37.9% to 38.0% of sales.
• SG&A expenses between $553 million and $554 million, or approximately 24.7% to 24.6% of sales.
• Income from operations between $297 million and $301 million, or approximately 13.3% to 13.4% of sales.
• Net income of $222.8 million to $225.8 million.
• Net income per diluted share of $7.25 to $7.35, based on 30.7 million weighted average diluted shares outstanding.
• Effective tax rate of 26.0% for the remaining three months of the fiscal year.
• Capital expenditures between $125.0 million and $130.0 million, which is net of estimated landlord tenant allowances of $45.0 million.